Technical analysis by Gold_Analysis1 about Symbol PAXG on 3/13/2024
https://sahmeto.com/message/3354930
Gold_Analysis1
Rank: 18961
Analytical Power:
1.5
Gold (XAU/USD) gathered bullish momentum and reached a new record high above $2,180 this week, boosted by falling US Treasury bond yields and the broad-based selling pressure surrounding the US Dollar (USD). The pair stays technically overbought ahead of next week’s key inflation data from the US.
Translated from: English
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Signal Type: Neutral
Time Frame:
1 hourPrice at Publish Time:
$2,143.38